Bitcoin 3 wave pullback before Bull Mode

As described in my litecoin update... Cryptocurrencies are currently positioned to exceptionally outperform (will behave as emerging reserve assets/ similar to gold and silver)... This current pump from a capitulation low is very telling of the overall trend... According to Elliot Wave the impulsive move needs a 3 wave pull back... If wave C is equal in length to wave A we should have our next BUY target within the blue rectangle on my chart... It also lines up with a 61.8 fibb retracement... I WILL be buying in this area and will be adding to my litecoin position as well!

Thanks for checking out this idea! I am open to feedback and constructive criticism. Be sure to follow me on tradingview and feel free to add a like to this idea!